USDJPY Wave Analysis

29 Kas 2019

• USDJPY is in a complexe correction.
  
• Market moved higher with decreasing volume and is overbought on daily and weekly Chart
  
• Smart Money is patiently waiting for the last high before the huge fall will take place
  
  
• WXY Correction is nearly done, we should see one last high next week to around 110.000 - 110.200
  Trade will be placed IF a significant price action takes place
• e.g. 1h/4H Candlestick formation or change of trend on smaller timeframe
  

This is for educational purpose only. This is no investment advice. Trade with demo account first before risking your own money.